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540 Benfield Rd
Severna Park, MD 21146
Safeway · Retail Property For Sale
Investment Highlights
- In 2017 Safeway (New Albertsons L.P.) signed a brand new 20-year absolute NNN lease which has over 16 years of primary term remaining.
- Safeway benefits from its unmatched location in the heart of Severna Park.
- The lease is guaranteed by Albertsons Companies, LLC and features 7.5% rent escalations every five years throughout its base term.
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
47,192 SF
Building Class
B
Year Built/Renovated
1972/2017
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.29
Lot Size
3.70 AC
Zoning
C-1
Parking
215 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
260’ on Benfield Rd
Property Taxes
| Parcel Number | 03-000-90102732 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $540,967 |
Property Taxes
Parcel Number
03-000-90102732
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$540,967
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